Gold prices jump as dollar weakens, “risk off” mood dominates
Gold prices traded solidly higher on Thursday as stocks and bonds sold off, jerking higher following a spate of tepid economic data out of the...
Investors may be in for a rude surprise: History shows inflation can take years to return to normal even when the Fed hikes interest rates above 10%
History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation —...
Biden plans to cancel $10,000 in student loans per borrower, announcement won’t come this weekend: report
President Joe Biden had planned to announce forgiveness for student loans as soon as this weekend as he gives a speech at the University of...
A ‘summer of pain’ for stocks? Nasdaq Composite could plunge 75% from peak, and S&P 500 skid 45% from top, warns Guggenheim’s Scott Minerd
The carnage playing out in the U.S. stock market is likely an amuse-bouche compared with the devastation on the menu for the bulls in the...
‘You don’t want to own bonds and stocks’ in this environment: Paul Tudor Jones
“‘You can’t think of a worse environment than where we are right now for financial assets…Clearly you don’t want to own bonds and stocks.’” —...
‘Calamity’ may be coming, stock-market setup similar to 1999: Jeffrey Gundlach
A “calamity” may be coming for markets, potentially in 2023, Jeffrey Gundlach, chief executive officer and chief investment officer of DoubleLine, warned Tuesday on stage...
‘Own some gold’ because consumer confidence is in the tank, says veteran chart watcher
Consumers are down in the dumps — and that stacks up as a positive signal for gold that shines brighter than many of the more...
The yield curve is speeding toward inversion — here’s what investors need to know
The bond market’s most reliable gauge of the U.S. economic outlook for the past half-century is hurtling toward inversion at a faster pace than it...